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$230,000
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Property Description
MOTIVATED SELLER!! ATTRACTIVE AND AFFORDABLE HOME NEAR TYNDALL AFB! Living life in the heart of panama city doesn't get more affordable than this! Welcome to 517 N Gray Avenue, a beautifully brand new construction built in 2026 home offering the perfect blend of modern comfort and timeless charm in the heart of Panama City. Whether you're searching for a primary residence, first-time home, or investment opportunity, this move-in-ready property is sure to impress. Step inside to discover a bright, inviting floor plan featuring spacious living areas, abundant natural light, and stylish finishes throughout. The thoughtfully designed kitchen offers ample cabinetry and workspace, making meal preparation and entertaining a breeze. Comfortable bedrooms provide peaceful retreats, while the updated bathroom(s) add both style and functionality. Outside, enjoy a generous yard with plenty of room for outdoor entertaining, gardening, pets, or future additions.Includes Samsung appliances, 65' TV with a custom accent wall, and foam roof for energy efficiency. Newly landscaped yard with fresh grass and a mature pear tree. Conveniently located just minutes from downtown Panama City, local shopping, dining, schools, parks, and a short drive to the white sandy beaches of the Gulf Coast, this home offers both convenience and lifestyle. Don't miss your opportunity to own this charming Panama City property. Schedule your private showing today!
Full Property Details
Full Property Details for 517 N Gray Ave
General
- Sold For: $230,000
- Taxes: $263 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 790619
- Added to Site: 112 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary, Shower Only
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio, Covered, Open, Porch
Location
- County: Bay
- Subdivision: Pine Crest Add To Callaway
- Driving Directions: From FL-77, turn onto Baldwin Road, then onto Headland Avenue. Continue to US-231 North and follow it until you reach N East Avenue. Turn onto N East Avenue, then take Cherry Street and continue to Gray Avenue. Follow Gray Avenue.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Electricity Available, Sewer Available
Structural Information
- Architectural Style: Florida
- Construction: Vinyl Siding
- Roof: Shake
- Sq. Ft. Source: Plans
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,752
- Lot Size: .15
- Lot Dimensions: 47 x 144
- Frontage: City Street
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $263
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: PINECREST ADD LOT 21 BLK E ORB 4991 P 621
- Property ID: 22633-015-000
Listed by Chesnut Realty, Inc
Sold by Bella Vista Realty Group LLC
Get Pre-Approved Today
Schools
Schools serving 517 N Gray Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.4 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.6 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 N Gray Ave
Date
Details
Price
Change
Source
9/15/2026
Sold
$230,000
-2.13%
MLS
7/23/2026
Price Reduced
$235,000
-2.08%
MLS
6/22/2026
Price Reduced
$240,000
-2.04%
MLS
6/19/2026
Price Reduced
$245,000
-1.57%
MLS
6/17/2026
Price Reduced
$248,900
-0.44%
MLS
6/01/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
517 N Gray Avenue, Panama City, FL 32401 (MLS# 790619) is a Single Family property that was sold at $230,000 on September 15, 2026. Want to learn more about 517 N Gray Avenue? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

